COMMON UNIT REGISTRATION RIGHTS AGREEMENT BY AND AMONG PAA NATURAL GAS STORAGE, L.P. AND. THE PURCHASERS PARTY HERETO DATED AS OF [•], 2011Registration Rights Agreement • January 20th, 2011 • Paa Natural Gas Storage Lp • Natural gas transmission • Delaware
This Agreement is made in connection with the Closing of the issuance and sale of common units (“Purchased Units”) representing limited partnership interests in PNG (“Common Units”) pursuant to (i) that certain Common Unit Purchase Agreement, dated as of December 23, 2010, by and among PNG and the Purchasers named therein and (ii) that certain Common Unit Purchase Agreement, dated as of January 19, 2011, by and among PNG and the Purchasers named therein (collectively, the “Purchase Agreements”). PNG has agreed to provide the registration and other rights set forth in this Agreement for the benefit of the Purchasers of the Purchased Units pursuant to the Purchase Agreements. In consideration of the mutual covenants and agreements set forth herein and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each party hereto, the parties hereby agree as follows:
COMMON UNIT PURCHASE AGREEMENT by and among PAA NATURAL GAS STORAGE, L.P. and THE PURCHASERS PARTY HERETO January 19, 2011Common Unit Purchase Agreement • January 20th, 2011 • Paa Natural Gas Storage Lp • Natural gas transmission • Texas
This COMMON UNIT PURCHASE AGREEMENT is made and entered into as of January 19, 2011 (this “Agreement”), by and among PAA NATURAL GAS STORAGE, L.P., a Delaware limited partnership (“Seller”), and the Purchasers listed on Schedule 2.1 hereto (each a “Purchaser” and collectively, the “Purchasers”).
